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Phrases with «damage premium»
The phrase
"damage premium"
refers to the additional cost or higher price that is charged for something due to the potential risk of it being damaged or broken.
Full definition
premium
(parent phrase)
damage
(parent phrase)
damage premium
Sentences with «damage premium»
Quite simply, it's a discount in the
Own Damage premium
payable when renewing your policy after a claim - free year.
(
hdfcergo.com
)
You can reduce your
physical damage premiums
by increasing your deductibles.
(
thebalance.com
)
So going from a $ 10,000 to $ 100,000 coverage limit only increases
property damage premiums
by 7 %, or $ 12 a year.
(
valuepenguin.com
)
(see all sentences)
See also
Definition of DAMAGE PREMIUM
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